AppNeta operates a patented, multi-tenant SaaS platform that provides proactive application and network performance visibility from the end-user perspective. The platform ingests and analyzes more than 100 billion unique performance metrics per day and serves more than 1,100 firms, including over 50 of the Fortune 500. AppNeta’s tooling is targeted at IT and Network Ops teams to monitor, diagnose, and optimize the delivery and experience of cloud and SaaS applications. The company plans to accelerate investment into R&D to further enhance its solutions and to expand go-to-market capacity. Management emphasizes continued product innovation and new customer acquisition as primary growth levers. Key operational strengths cited include large-scale metric ingestion and a focus on distributed, cloud-connected digital enterprises. AppNeta provides cloud-delivered services for IT performance management to customers worldwide. Its SaaS product portfolio includes full-stack application and end-user experience monitoring, active application path performance monitoring, application-aware user traffic analysis, automated packet capture and analysis for troubleshooting, and device-level operational metrics for infrastructure health and management. The company is led by CEO Jim Melvin. In June 2012 AppNeta acquired Tracelytics, now known as TraceView, an application performance management solution that offers web developers a holistic view of complex, distributed web applications. The company has raised institutional capital to support its product and market growth. The articles do not disclose revenue or user metrics. AppNeta provides cloud-based, zero-administration network performance management solutions centered on its PathView Cloud service. PathView Cloud is designed to meet performance demands for unified communications, cloud services and virtual service delivery across data center, cloud, remote office and mobile environments. AppNeta launched from the team and technology of Apparent Networks, Inc. and has grown its installed customer base to more than 1,000 managed service provider and enterprise customers in its first year. The company says its service delivers immediate insight and unmatched performance visibility to network engineers and IT outsourcers. The $6.2 million investment will be used to accelerate technology development, expand service capabilities, and support product expansion with a responsive, customer-driven approach.

Total raised

$22M

Funding rounds

3

Latest round

Series C

Latest activity

Mar 2013